Global Guide Wires Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Guide Wires Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A guidewire is a long and flexible spring that assists the introduction and placement of implantable medical devices into a patient"s body. This report focuses on coronary guide wire and peripheral guide wire, used for cardiovascular diseases, peripheral artery disease (PAD), peripheral vascular diseases (PVDs), abdominal aortic aneurysms (AAA) and carotid artery stenosis (CAS). Peripheral guidewires have multiple layers which includes central core, distal tip and outer coating. Central core is generally made up of stainless steel or Nitinol which posses’ superior torque characteristics. Distal tip has variable length and it is made up of radio-opaque material e.g. platinum or iridium alloys and provides flexibility during operations. Peripheral guidewires are coated with a polymer, such as silicone or polytetrafluoroethylene (PTFE), to increase lubricity. Peripheral guidewires are used during the percutaneous transluminal angioplasty and angiography for guiding the stents or catheters to the site of action in the peripheral vasculature. Peripheral guidewire market is mainly driven by increasing demand for minimally invasive surgeries. Other important factor that propels the market growth is increasing worldwide geriatric population. Moreover, growing incidences of neurological, cardiovascular and urology disorders also fuel the market growth. It is important for patients to fully understand the risks of the procedure undergoing laparoscopy and other cardiovascular, neurovascular surgeries. Some risk factors associated with of minimally invasive surgery and preference given to open surgery may hamper the growth of this market.

According to our (Global Info Research) latest study, the global Guide Wires market size was valued at US$ 1310 million in 2023 and is forecast to a readjusted size of USD 2084 million by 2030 with a CAGR of 6.9% during review period.

Global Guide Wires key players include Terumo Medical, Abbott Vascular, Asahi, Boston Scientific Corporation, Cardinal (Cordis), etc. Global top five manufacturers hold a Revenue Market Share over 65%. Asia Pacific accounts for the most Sales Market Share, which have a share over 35%, followed by North America. In terms of product, Angled Guide Wires is the largest segment, with a Sales Market Share over 75%. And in terms of application, the largest application is Interventional, followed by Diagnostics.

This report is a detailed and comprehensive analysis for global Guide Wires market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Guide Wires market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Guide Wires market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Guide Wires market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Guide Wires market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Guide Wires

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Guide Wires market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Terumo Medical, Abbott Vascular, Asahi, Boston Scientific Corporation, Cardinal (Cordis), Integer (Lake Region), Medtronic, Cook Medical, TE Connectivity (AdvancedCath), Merit Medical Systems, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Guide Wires market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Angled Guide Wires
J Shape Guide Wires
Straight Guide Wires

Market segment by Application
Interventional
Diagnostics

Major players covered
Terumo Medical
Abbott Vascular
Asahi
Boston Scientific Corporation
Cardinal (Cordis)
Integer (Lake Region)
Medtronic
Cook Medical
TE Connectivity (AdvancedCath)
Merit Medical Systems
SP Medical
Epflex
Shannon MicroCoil
Acme Monaco
Infiniti Medical
Custom Wire Technologies
Biotronik
Hanaco
Lepu Meidcal
Shenzhen Yixinda

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Guide Wires product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Guide Wires, with price, sales quantity, revenue, and global market share of Guide Wires from 2019 to 2024.

Chapter 3, the Guide Wires competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Guide Wires breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Guide Wires market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Guide Wires.

Chapter 14 and 15, to describe Guide Wires sales channel, distributors, customers, research findings and conclusion.